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Nvidia's 10-for-1 Stock Split: Investors Receive Nine Additional Shares
NVDA Stock Splits on June 7th
The long-awaited moment for many investors has arrived! NVIDIA (NVDA) is set to split its stock on June 7th. With this 10-for-1 stock split, investors will receive nine additional shares for every one share they currently own.
Nvidia Joins the Mega-Cap Tech Split Zone
Nvidia joins the ranks of its mega-cap tech peers as the fourth "Magnificent 7" stock to split since 2020. This follows similar splits by Tesla, Amazon, Apple, and Alphabet.
As a result of the split, Nvidia shares began trading on Monday on a new 10-for-1 basis. The stock's Friday closing price of $1208.88 was adjusted to $120.88.
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